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In the wake of the diesel fraudsters
I n Wolfsburg drops one defense line after the other. The thesis of transitional boss Müller, the board of VW had known nothing – had cheated only a few dozen engine developers – broke up in the air when the US Justice issued arrest warrants for his predecessor Winterkorn, who no longer leaves Germany, since… Continue reading In the wake of the diesel fraudsters
This wants more synergy
D he is the new CEO of Volkswagen, Herbert Diess , has reaffirmed its goal of significantly increasing the profitability of the company. VW is preparing for the new era of the automotive industry with its strategy 2025, which was developed by former CEO Matthias Müller, he said on Thursday at the presentation of the… Continue reading This wants more synergy
Grief in Porsche Land
S Will the people in Bad Homburg soon drive to work with a rusty Polo? Or even park bicycles in front of their villas? But what would the neighbors say? In short: how should the rich of the Republic without luxury cars of Porsche Life? Corinna Budras Editor in economics and for Frankfurter Allgemeine. The… Continue reading Grief in Porsche Land
Porsche stops selling new cars
D he sports car manufacturer Porsche has suspended the sale of all new cars until further notice. The background to this is the changeover to the new exhaust gas measuring cycles WLTP and RDE, which entail stricter requirements both in the approval procedure on the test bench and in real day-to-day operation. They apply gradually… Continue reading Porsche stops selling new cars
Audi’s remarkable role in the scandal
D he role of Audi was always a special one in the Volkswagen diesel scandal. This was reflected above all in the sales figures: While new registrations of VW models in Germany have declined every year since the announcement of exhaust gas manipulation, Audi’s growth continued largely undisturbed. It can be seen for each customer… Continue reading Audi’s remarkable role in the scandal
VW pays more than $ 30 million in America
V In the diesel affair, olkswagen has agreed to a further settlement with plaintiffs in the United States. The German carmaker pays the state of Maryland together with its daughters Audi and Porsche up to 33.5 million dollars (27.5 million euros) for manipulated exhaust emissions, as Attorney General Brian Frosh on Thursday morning German time… Continue reading VW pays more than $ 30 million in America
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Ex-GM Exec Bob Lutz plays down auto tariff threat: Trump ‘not trying to destroy the system’
Trump auto tariffs would make steel tariffs ‘look like a company picnic’: AutoNation CEO
President Donald Trump would certainly be facing a “real trade war” if he were to implement tariffs on European cars and SUVs being imported into the United States, AutoNation Chairman and CEO Mike Jackson told CNBC on Wednesday.